$198,000
$18K PRICE DROP

274 Oaktree Ave Salem, IL 62881

Estimated payment $1,201/month

Total Views 5,983
2 Beds
1 Bath
1,393 Sq Ft
$142 Price per Sq Ft

Highlights

  • Ranch Style House
  • 2 Car Garage
  • ENERGY STAR Qualified Appliances
  • Formal Dining Room
  • En-Suite Primary Bedroom
  • Forced Air Heating and Cooling System

About This Home

Welcome home to a place that instantly feels peaceful, cared for, and genuinely inviting. Tucked in one of Salem's most loved neighborhoods, this fully renewed home offers the comfort buyers hope for when searching for "the one." Nearly every inch has been updated-new flooring, new subfloor and joists, new drywall, new PEX plumbing, and a beautifully refreshed bathroom. It's the kind of work you can feel confident in the moment you step inside. The layout features over 1,300 sq. ft. with the flexibility to easily create a third bedroom if needed. A warm gas log fireplace anchors the living room, creating the perfect spot to gather on quiet evenings or welcome guests. Brand-new, top-end Maytag appliances-including refrigerator, oven, microwave, washer, and dryer-stay with the home, making move-in truly effortless. Helitech completed water channeling (lifetime warranty), two sump pumps, and a vapor barrier this year, giving buyers peace of mind for years to come. The 2012 HVAC and water heater add to the reliability of the home's systems. Outside, enjoy an attached garage plus a huge 28 21 detached garage with its own paved drive-ideal for hobbies, storage, or additional parking. One my favorite features is the natural gas grill on the concrete pad. The neighborhood is known for its quiet streets, great neighbors, and that "hidden gem" feel buyers rarely find. If you've been waiting for a place that feels fresh, solid, and instantly like home, this is it.

Listing Agent

COLTON DURRE

WILEY REALTY GROUP License #475194712 Listed on: 12/08/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,210

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 175x100
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,393 Sq Ft Home
  • Gas Log Fireplace
  • Replacement Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement Window Egress

Kitchen

  • Range
  • Microwave
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,210

Year Built

Built in 1956

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Legal Description: LAKEWOOD SUB. DIV. LOT 34
  • Actual Status: Active
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, ENERGY STAR Qualified Appliances, Microwave, Range, Refrigerator, Washer
  • Basement: Egress Window
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Replacement Windows
  • LivingArea: 1393
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • MRD_MasterBathYN: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Frame
  • Foundation Details: Block
  • Lot Features: Level
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Attached, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Forced Air
  • Water Source: Public

Lot Info

  • Lot Dimensions: 175x100
  • Lot Size: .25-.49 Acre

Rental Info

  • Board Number: 29
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2209.6
  • Tax Year: 2025
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,515 $40,130 $8,400 $31,730
2023 $2,494 $37,500 $7,850 $29,650
2022 $2,375 $34,090 $7,140 $26,950
2021 $2,294 $31,860 $6,670 $25,190
2020 $2,262 $31,620 $6,620 $25,000
2019 $2,210 $30,460 $6,380 $24,080
2018 $2,112 $29,320 $6,380 $22,940
2017 $2,080 $28,740 $6,250 $22,490
2016 $2,030 $27,120 $5,900 $21,220
2015 $19 $27,120 $5,900 $21,220
2012 $19 $26,580 $5,780 $20,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2026 01/14/26 Price Changed $198,000 -8.3% $142 / Sq Ft
01/08/2026 01/08/26 Price Changed $216,000 +9.1% $155 / Sq Ft
01/08/2026 01/08/26 Price Changed $198,000 0.0% $142 / Sq Ft
01/03/2026 01/03/26 Price Changed $198,000 -8.3% $142 / Sq Ft
12/08/2025 12/08/25 For Sale $216,000 -- $155 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed $83,500 None Available
Warranty Deed $36,500 None Available
Warranty Deed $36,000 None Available
Trustee Deed $2,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,808 New Conventional
Previous Owner $75,000 New Conventional
Previous Owner $75,000 New Conventional
Previous Owner $64,500 New Conventional
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: EB460705

Midwest Real Estate Data (MRED)

APN: 1100020630

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